UMG Rejects Pershing Square Takeover Bid
• The Board of Directors of Universal Music Group announced that it has unanimously rejected the unsolicited and non-binding proposal
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Pershing Square Holdings
Ackman Submits UMG Takeover Bid
• Billionaire hedge fund manager Bill Ackman‘s Pershing Square Capital Management has submitted an offer to buy Universal Music Group
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Pershing Square Locks Down 10% Of UMG
• Pershing Square Holdings, which runs the public and private hedges funds managed by billionaire Bill Ackman is now in
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Vivendi Sells 7.1% Of UMG To Pershing Square
• Vivendi, the parent company of Universal Music Group, has sold 7.1 percent of UMG’s share capital to Pershing Square
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